Tag: corporate governance
Hellawell leaves Sports Direct as Ashley lambasts City and media
Keith Hellawell leaves Sports Direct after a tumultuous period; founder Mike Ashley hits back at media and City for backing company performance, yet “stabbing Sports Direct in the back”.
Tale of Tesla’s Elon Musk is a ‘sadly familiar story’
Elon Musk, Tesla’s “chairman, product architect and CEO”, has recently the displayed classic traits of a dominant, idiosyncratic and controversial boss which, according to one commentator, is a sure sign of weak governance.
Action needed now on banking fraud and the erosion of trust
Privatisation and self-regulation has created a financial services sector in the west that is rife with fraud and other criminal activity, says professor Nada Kakabadse of Henley Business School.
Responsible business conduct: the OECD way
Recent guidance from the OECD provides a valuable resource for businesses seeking to operate responsibly, implement appropriate due diligence procedures and so support their own long-term success.
‘Uncharted territory’ for directors as hard line set for pension regulation
Board directors are entering a tough new era, with regulatory proposals to impose sanctions for directors who deliberately put their employees’ pensions at risk.
Understanding the true costs of compliance and non-compliance
Companies are dealing with an avalanche of new compliance rules and requirements at an ever-increasing speed, and they must understand the costs of getting it both right and wrong.
Uber boosts IPO plan after long-awaited CFO appointment
Uber’s 2019 deadline to undertake an IPO is on the cards, after a three-year wait to appoint a CFO is complete.
KPMG conflict of interest with Ted Baker results in £3m FRC fine
KPMG conflict of interest while undertaking Ted Baker audit sees it hit with a £3m fine, reduced to £2.1m after settling.
PwC heavily criticised for ‘failed’ audit of BHS
A report from the Financial Reporting Council delivers scathing criticism of PwC’s audit of collapsed retail chain BHS and the partner who headed the work.
Investors tougher on pay in latest voting season
Figures reveal that shareholders have hardened their response to remuneration reports, with more registering their opposition.